“Sri Lanka’s Total Outstanding Debt increased by over Rs. 898 billion from December 2015 to September 2016” – Result ‘True and Correct’

FactCheck Sri Lanka verified the latest data of the Central Bank of Sri Lanka’s Statistics Department and the details outline that, Sri Lanka’s Total outstanding debt increased by Rs. 898.7 billion to Rs. 9,402.0 billion (Over Rs. 9.4 Trillion) as at end September 2016 from Rs. 8,503.2 billion (Over Rs. 8.5 Trillion) at end 2015 (December 2015).

Further the details also highlight that Sri Lanka’s Foreign debt increased by Rs. 525.7 billion to Rs. 4,069.7 billion (Over Rs. 4.06 Trillion), while domestic debt increased by Rs. 373.1 billion to Rs. 5,332.3 billion (Over Rs. 5.3 Trillion).

Categories: FactChecked, True